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2013-51 AUTHORIZING THE REESTABLISHMENT OF TAX INCREMENT FINANCING "INTERESTED PARTIES" REGISTRIES
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2013-51 AUTHORIZING THE REESTABLISHMENT OF TAX INCREMENT FINANCING "INTERESTED PARTIES" REGISTRIES
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8/13/2015 11:57:07 AM
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8/13/2015 11:57:06 AM
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Resolution/Ordinance
Res Ord Num
2013-51
Res Ord Title
AUTHORIZING THE REESTABLISHMENT OF TAX INCREMENT FINANCING "INTERESTED PARTIES" REGISTRIES AND ADOPTING REGISTRATION RULES
Approved Date
6/3/2013
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ECONOMIC AND URBAN DEVELOPMENT MEMORANDUM <br /> Memo No. 13-45 <br /> May 24, 2013 <br /> TO: Honorable Mayor Michael T. McElroy d Cit Council <br /> Y Y anY <br /> FROM: Ryan P. McCrady, City Manager <br /> Billy Tyus, Assistant City Manager <br /> Richelle Irons, Director of Neighborhood Services <br /> Vasudha Pinnamaraju, Environmental Planner <br /> SUBJECT: Ordinance authorizing reestablishment of TIF Interested Parties registries and <br /> adopting registration rules. <br /> SUMMARY RECOMMENDATION: Staff recommends that the attached ordinance <br /> authorizing the reestablishment of TIF Interested Parties registries be adopted. <br /> BACKGROUND: In May 2000 the City of Decatur adopted an ordinance authorizing Interested <br /> Parties registries for persons wanting to sign up to receive TIF related information as per state <br /> statute. As we move forward with the discussion and adoption of additional TIF districts,this <br /> ordinance would reestablish registries and adopt the rules that govern the management of the <br /> registries for each redevelopment project area created. If adopted, a public notice will be <br /> published notifying residents of the opportunity to sign up for the registries. <br /> POTENTIAL OBJECTION: None. <br /> INPUT FROM OTHER SOURCES: N/A <br /> STAFF REFERENCE: Any additional questions may be forwarded to Billy T us at 424-2727 <br /> or at btyus@decaturil.gov. <br /> BUDGET/TIME IMPLICATIONS: None. <br />
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